Many farm families plan for estate tax, then get blindsided by income tax when...

https://wordspringer.com/s/JOE5PApfh2NaE-YTNZz7M

Many farm families plan for estate tax, then get blindsided by income tax when the next generation takes over. The culprit may be depreciation recapture: selling equipment that’s long paid off can still create a taxable gain